&PARTNERS
Q4 2025 13F-HR Holdings
Net value change ($000)
+3,500,323
(22.4%)
New positions
252
Sold out positions
86
Turnover %
1.5%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q3 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| AAPL | 169,298 | 30.7% |
| SPY | 118,241 | 166.4% |
| GOOGL | 109,087 | 68.5% |
| NVDA | 108,622 | 30.7% |
| VOO | 86,714 | 83.0% |
| LLY | 78,554 | 83.5% |
| MSFT | 75,685 | 13.4% |
| AMZN | 71,938 | 37.6% |
| JPM | 58,193 | 24.6% |
| IVV | 53,129 | 11.1% |
Top Reduces (Value $000, Stocks/ETFs)
| ORCL | -12,897 | -19.7% |
| IWB | -11,059 | -38.1% |
| Unilever PLC | -9,067 | -100.0% |
| TTE | -7,808 | -100.0% |
| CMCSA | -6,394 | -37.0% |
| SGOV | -4,940 | -39.9% |
| NKE | -4,647 | -26.1% |
| NFLX | -4,609 | -12.1% |
| ADP | -4,527 | -5.8% |
| GARMIN LTD | -4,452 | -13.1% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|